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Currently, 2/2/2023, Tesla's (TSLA) P/E ratio is 60, and its EPS is $3.03. You are considering an investment in TSLA with a time frame of

Currently, 2/2/2023, Tesla's (TSLA) P/E ratio is 60, and its EPS is $3.03. You are considering an investment in TSLA with a time frame of 10-years. Your required return is 15% per year (TSLA beta is 2, which means it is twice as volatile as the market). You expect TSLA's P/E ratio to be around 20 as competition should catch up and TSLA should be less of a growth company. How fast should earnings per share (EPS) grow per year for you to achieve your investment objective? Be sure to show your steps.

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